# PPP loan: CHURCH ELEVEN 32, INC
> **$406K** approved 04/08/2020 · Paid in Full · Loan `8125527008`
## Borrower
- **Name:** CHURCH ELEVEN 32, INC
- **Address:** 700 RIVERCREST BLVD, ALLEN, TX, 75002-2117
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $406K
- **Initial approval:** $406K
- **Forgiven:** $408K (101%)
- **Forgiveness date:** 12/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $306K
- **Mortgage interest:** $39K
- **Utilities:** $12K
- **Debt interest:** $48K
- **Jobs reported:** 48
## Lender
- **Originating:** Texas Regional Bank
- **Servicing:** Texas Regional Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*